I know a couple of successful day traders.
by IndianaIrish131131 (2024-04-18 00:10:02)

In reply to: Dumb guy stocks Q:Is it day traders and short-term investors  posted by rgvirish


To them, it’s a completely nameless algorithmic dissection of order flow. They measure success over 1000s of trades and track their success rates and yield per trade, which is in the single digits.

They tell me they actually like certain meme stocks because of the volatility on them. But their strategies don’t have anything to do with the people buying/selling them as meme stocks.